SuperCom posts record full-year revenue, EBITDA and net income

By AI, Created 10:51 AM UTC, May 20, 2026, /AGP/ – SuperCom reported record full-year 2025 revenue, EBITDA and non-GAAP net income on April 28, 2026, while also highlighting a faster-growing U.S. electronic monitoring business and a major $17 million contract in Sweden. The results show a company expanding internationally even as fourth-quarter earnings were weighed down by one-time charges.

Why it matters: - SuperCom posted its strongest annual financial results in more than a decade, signaling that its turnaround strategy is translating into higher revenue, wider margins and stronger cash reserves. - The company’s expansion in electronic monitoring and public safety contracts across the U.S. and Europe gives it a broader base for growth in 2026.

What happened: - SuperCom reported full-year 2025 revenue of $27.9 million, up 1% from $27.6 million a year earlier. - The company said the year was an 8-year revenue record and the fifth straight year of revenue growth. - SuperCom reported net income of $3.75 million for 2025, up 467% from $661,000. - Non-GAAP net income rose 77.3% to $11.23 million. - EBITDA increased 49% to $9.4 million. - Non-GAAP EPS for 2025 was $2.47. - The company reported fourth-quarter 2025 revenue of $7.48 million, up 18.3% from $6.33 million. - Fourth-quarter non-GAAP net income rose to $1.9 million from $1.39 million. - Fourth-quarter EBITDA reached $2.22 million, compared with $1.66 million a year earlier. - The company held a conference call on April 28, 2026, to discuss the results.

The details: - Gross profit climbed 15% to $15.4 million for the year. - Gross margin expanded to 55.2% from 48.4%. - Cash and cash equivalents plus bank deposits rose 287% to $12.2 million. - Total shareholders’ equity increased 272% to $43.5 million. - Fourth-quarter net loss widened to $2.263 million from $1.86 million. - SuperCom said the fourth quarter was hit by more than $4 million in one-time expenses. - Those charges included about $1.9 million in bad debt tied to old e-Gov operations in Africa and about $1 million tied to a change in the fair value of warrant derivatives. - Since mid-2024, SuperCom has secured more than 35 new electronic monitoring contracts in the U.S. - The company entered 16 new states: Alabama, Arizona, Louisiana, Maryland, Missouri, Nebraska, New York, North Carolina, Ohio, South Dakota, Tennessee, Texas, Utah, Virginia, West Virginia and Wisconsin. - SuperCom also expanded in existing markets, including California. - On March 19, 2026, SuperCom won a $17 million national electronic monitoring contract from Sweden’s Prison and Probation Service. - The Sweden deal covers GPS tracking, home detention monitoring and indoor facility monitoring, with room for expansion into more programs. - On March 10, 2026, SuperCom announced a fourth direct agency electronic monitoring contract with a county government agency in Kentucky. - On February 12, 2026, SuperCom signed a new electronic monitoring service provider contract in Louisiana, marking its 16th new state in the U.S. expansion run. - On February 2, 2026, SuperCom expanded into its third county in Wisconsin. - On January 22, 2026, SuperCom signed its third electronic monitoring contract in North Carolina. - On January 9, 2026, SuperCom signed a new contract with a juvenile probation agency in Texas, its second win in the state. - On January 6, 2026, SuperCom signed a national electronic monitoring contract in a Western European country, extending its domestic violence solutions to a 10th nation globally. - On November 19, 2025, SuperCom secured its first state-level Department of Corrections contract in Arizona. - On November 17, 2025, SuperCom signed its first contract in Missouri with its PureSecurity platform. - On November 6, 2025, SuperCom signed two electronic monitoring service provider partnerships in Alabama, including one that replaced an incumbent provider. - On October 16, 2025, SuperCom won a second sheriff agency contract in Utah this year. - On October 8, 2025, SuperCom signed a second reseller partnership in Virginia this year. - On September 22, 2025, SuperCom won a $7 million national electronic monitoring contract in Europe, displacing an incumbent of more than 20 years. - On July 16, 2025, SuperCom secured a new contract in Tennessee that will transition existing GPS programs and launch domestic violence monitoring. - On June 11, 2025, SuperCom subsidiary Leaders in Community Alternatives won a reentry-services contract in Northern California worth up to $2.5 million over five years. - On June 6, 2025, SuperCom signed an agreement to introduce its electronic monitoring technology in Florida and Mississippi. - On May 27, 2025, SuperCom secured a new contract in Nebraska. - On May 8, 2025, SuperCom announced a contract with a Canadian electronic monitoring service provider. - On April 10, 2025, SuperCom entered a contract to expand into Wisconsin, Minnesota and Michigan. - On February 20, 2025, SuperCom announced a new national domestic violence monitoring project in the EMEA region. - SuperCom said it reduced long-term debt by 45% since the start of 2024, mainly through premium-priced share issuances. - The company said amended debt terms lowered annual interest rates from double digits to a blended rate below 6%. - SuperCom said it raised more than $16 million in growth capital.

Between the lines: - The financial results suggest SuperCom is benefiting from a mix of contract wins, margin improvement and balance-sheet cleanup. - The fourth-quarter loss shows that one-time charges can still mask underlying operating progress in a single reporting period. - The company’s repeated wins in new states and its ability to replace incumbent vendors point to a broader competitive push in electronic monitoring.

What’s next: - SuperCom said it will focus on scaling its business, expanding globally and using its stronger balance sheet to support growth in 2026 and beyond. - The Sweden contract and the U.S. state-by-state expansion give the company new opportunities for follow-on business if deployments continue to scale. - Management signaled that additional public safety and electronic monitoring programs remain a priority as the company enters 2026.